Costa Rica Interest Rates

The Costa Rican economy with a population of 4.3 Million (Est 2011 census) ranks 85th in the world with a GDP PPP of 44 billion and GDP PPP per capita of 11,923 vs 48,328 (United States) according to the IMF in 2011. Its currency is the Costa Rican colón which is often denoted as CRC in FX markets. Its banks offer fixed interest rate of return product for retail customer savings called a 'certificate of deposit' or 'CD'. Its inflation estimates according to website for the country was 4.9% in 2011 and 4.5% in 2012.

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Costa Rica Banks

Showing rates for 5 Bank deposit providers in Costa Rica.
Bank Branch Founded Ownership
Banco De Costa Rica Banco De Costa Rica 245 1877 Local
Banco Nacional Banco Nacional 170 1914 Local
Citibank Costa Rica Citibank Costa Rica 12 1968 Foreign
Banco Cathay Banco Cathay 8 1998 Foreign
Scotiabank Costa Rica Scotiabank Costa Rica 1995 Foreign

Costa Rica Discussion Activity

  • Deposits
    Q: I'm from Costa Rica but I live in US, can I open checking account or CD?

    anna from Katy, United States
  • Banco De Costa Rica - Deposits
    Q: I am a US citizen; may I open a bank account in Costa Rica and invest in CDs or other products?

    James Calkins from Moab, United States
  • Banco De Costa Rica - Deposits
    Q: Is this rate on certificates of deposit good for dollar account or is it in colones ? Can I open this account on line ?

    Walter from San José, Costa Rica